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The Ritz London confirms sale, and all employees fully protected throughout COVID-19 crisis

By James Russell: The Ritz London confirms sale, and all employees fully protected throughout COVID-19 crisis

March 30, 2020

Statement from The Ritz London – Monday, 30 March 2020:

The Ritz London Sold

Following various press reports, we can confirm that The Ritz London has been acquired by a private Qatari investor. The hotel will remain closed due to the Covid-19 pandemic. As soon as it is safe, the new ownership together with the hotel’s team look forward to reopening the revolving door, and to the next chapter of Piccadilly’s iconic Grande Dame hotel. In the meantime, the new owners have confirmed their wish that all employees continue to receive their full salaries during this period of forced closure.

With best wishes, The Ritz London

 

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